Melrose Industries PLC (OTCMKTS:MLSPF) Short Interest Down 18.2% in October

Melrose Industries PLC (OTCMKTS:MLSPFGet Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 2,621,000 shares, a decrease of 18.2% from the September 30th total of 3,205,500 shares. Based on an average daily trading volume, of 10,400 shares, the days-to-cover ratio is presently 252.0 days.

Melrose Industries Trading Up 0.8 %

Melrose Industries stock traded up $0.05 during mid-day trading on Wednesday, hitting $5.82. The company had a trading volume of 6,600 shares, compared to its average volume of 17,643. The company’s fifty day moving average is $6.06 and its 200-day moving average is $6.94. Melrose Industries has a 12-month low of $5.27 and a 12-month high of $8.74.

Melrose Industries Company Profile

(Get Free Report)

Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.

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